Nutanix, Inc., together with its subsidiaries, develops and provides an enterprise cloud platform in North America, Europe, the Asia Pacific, the Middle East, Latin America, and Africa. Its solution addresses a range of workloads, including enterprise applications, databases, virtual desktop infrastructure, unified communications, and big data analytics. The company offers Acropolis, an open platform comprising hyperconvergence, native virtualization, enterprise storage, virtual networking, and platform services; and Prism, an end-to-end consumer-grade management plane providing management and analytics across its software products and services. It also provides Nutanix Calm that offers native application orchestration, automation, and lifecycle management to its enterprise cloud platform. In addition, the company offers Beam, a multi-cloud optimization service; and Frame, a desktop-as-a-service. It serves customers in a range of industries, including automotive, consumer goods, education, energy, financial services, healthcare, manufacturing, media, public sector, retail, technology, and telecommunications, as well as service providers. The company was founded in 2009 and is headquartered in San Jose, California.

2.8 Community Rank

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Community Sentiment

Nutanix has received 56.49% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Nutanix and other stocks. Vote “Outperform” if you believe NTNX will outperform the S&P 500 over the long term. Vote “Underperform” if you believe NTNX will underperform the S&P 500 over the long term. You may vote once every thirty days.

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Nutanix (NASDAQ:NTNX) Frequently Asked Questions

How has Nutanix's stock been impacted by COVID-19 (Coronavirus)?

Nutanix's stock was trading at $15.85 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, NTNX stock has increased by 49.4% and is now trading at $23.68. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Nutanix?

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nutanix in the last year. There are currently 1 sell rating, 6 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Nutanix.

When is Nutanix's next earnings date?

How were Nutanix's earnings last quarter?

Nutanix Inc (NASDAQ:NTNX) announced its quarterly earnings data on Wednesday, May, 27th. The technology company reported ($0.69) EPS for the quarter, topping analysts' consensus estimates of ($0.86) by $0.17. The technology company had revenue of $318.30 million for the quarter, compared to analysts' expectations of $314.53 million. Nutanix had a negative net margin of 68.91% and a negative return on equity of 1,343.81%. Nutanix's revenue for the quarter was up 10.5% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.56) EPS. View Nutanix's earnings history.

What guidance has Nutanix issued on next quarter's earnings?

Nutanix issued an update on its third quarter 2020
After-Hours earnings guidance on Tuesday, May, 5th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $312-317 million, compared to the consensus revenue estimate of $307.41 million.

What price target have analysts set for NTNX?

18 Wall Street analysts have issued 12 month target prices for Nutanix's stock. Their forecasts range from $15.00 to $52.00. On average, they anticipate Nutanix's share price to reach $32.25 in the next twelve months. This suggests a possible upside of 36.2% from the stock's current price. View analysts' price targets for Nutanix.

Has Nutanix been receiving favorable news coverage?

News stories about NTNX stock have trended somewhat negative recently, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Nutanix earned a daily sentiment score of -1.0 on InfoTrie's scale. They also assigned news stories about the technology company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news aboutNutanix.

How do I buy shares of Nutanix?

Shares of NTNX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Nutanix's stock price today?

One share of NTNX stock can currently be purchased for approximately $23.68.

How big of a company is Nutanix?

Nutanix has a market capitalization of $4.61 billion and generates $1.24 billion in revenue each year. The technology company earns $-621,180,000.00 in net income (profit) each year or ($3.18) on an earnings per share basis. Nutanix employs 5,340 workers across the globe.